As most sellers know, the more options buyers have . . . the more challenging it can be to sell.  Good news in Palm Coast is that compared to to time last year, the number of houses for sale has reduced almost in half (roughly 44% lower than last year).  In fact, this is one of the lowest periods for inventory in the past few years.  We currently have about 1,050 homes for sale in Palm Coast. 

So what does less homes for sale mean for sellers:

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      1. Obviously less selection which means less competition.
      2. Better negotiation position

But for those things to happen, buyers have to be present.  We are running slightly down (-2%) compared to last year in Palm Coast through May for residential home sales.  We are very much beginning to see stabilization in the area in terms of number of sales.  This is very important in terms of price which is on most owner's minds.  Remember, price can not change until buyers are consistently present and inventories go down which we are beginning to see both happen.  Again, all positive signs.

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